Theoretical reviews: Ratio analysis

Statement of Ratio Analysis as specified in Rule 8B (20) (c) Annexure B of the Securities and Exchange Commission Rules (Public Issue) 2006 I. Liquidity ratio
SL Particulars 30.06.2008 Taka 320,247 Current Asset 1 Current Ratio Current liabilities Current assets to current liabilities Current assets Less prepaid expenses 2 Quick ratio Quick assets Current liabilities Less bank overdraft Quick liabilities Quick assets to quick liabilities Profit before interest and tax Interest Time interest earned ratio Long term debt +short term debt Shareholders' equity Debt equity ratio 17,412 18,39:1 320,247 33,895 286,352 17,412 1,313 16,099 17.79:1 N/A N/A N/A 9,934 N/A N/A 13,690 25.06:1 343,035 27,848 315,187 13,690 3,341 10,349 30.46:1 N/A N/A N/A 6,633 31,174 21.28:78.72 20,739 10.82 : 1 224,397 30,079 194,318 20,739 3,858 16,881 11.51:1 N/A N/A N/A 3,858 N/A N/A 33,360 4.62 : 1 154,040 22,634 131,406 33,360 2,749 30,611 4.29:1 N/A N/A N/A 2,744 N/A N/A 30,952 3.93:1 121,733 16,761 104,972 30,952 1,748 29,204 3.59:1 N/A N/A N/A 1,743 N/A N/A 31.12.2007 Taka 343,035 31.12.2006 Taka 224,397 31.12.2005 Taka 154,040 31.12.2004 Taka 121,733

Time interest earned ratio

Debt equity ratio

II. Operating ratio

Credit sales 5 Accounts receivable turnover ratio Inventory turnover ratio Average debtors Accounts receivable turnover ratio Cost of sales Average inventory Inventory turnover ratio Assets 7 Assets turnover ratio Sales Assets turnover ratio N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A

III. Profitability ratio

Gross profit 8 Gross margin ratio Sales Gross margin ratio Sales 9 Operating income ratio Less operating expenses Operating income Operating income ratio Net income Sales Net income ratio Profit after tax Assets Return on assets ratio Profit available for equity shareholder Shareholders' equity Return on equity Profit as per actuarial valuation Shareholders portion of surplus with in 10% of divisible surplus Earning per share

N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A

N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 1,174 31,174 3.76 11,736 1,174

N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A

N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A

N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A

10

Net income ratio

11

Return on asset ratio Return on equity

12

13

Earning per share (EPS)

N/A

3.91

N/A

N/A

N/A